Biochar Market Growth & Trends

The global biochar market size is expected to reach USD 1350 million by 2030, registering a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand.
Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse gas remediation are expected to provide new revenue opportunities to the sector.
The market consists of organized and unorganized manufacturers. Growing economies such as China, India, Japan, Mexico, and Brazil produce significant amount of biochar through small and medium scale industries mainly running into village areas. Whereas, large scale manufacturers are concentrated in North America.
Consumption in agricultural application was the highest in 2022 and is anticipated to rise significantly over the forecast period. Among various applications in agriculture, farming held the highest market share in 2022.
In terms of volume, the agriculture sector is estimated to witness speedy growth over the forecast period. It has also gained high popularity in livestock farming as an additive in animal feed. The livestock sector has gained high importance, especially in regions such as Europe and North America where animal flesh is extensively consumed by human beings as a food. As a result of this, biochar consumption is expected to grow substantially in the foreseeable future.

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Biochar Market Report

Biochar Market Report Highlights

Total product manufactured using pyrolysis technology in 2023 accounted for 65.1% market share in terms of revenue and is expected witness rapid growth over the estimated period
Asia Pacific is expected to witness extensive growth in the forthcoming years due to increasing application of the product in livestock feed and organic farming
Pyrolysis technology is increasingly used by Earth Systems and Clean Fuels B.V. among other manufacturers operating in the biochar market.

Biochar Market Segmentation
Grand View Research has segmented the global biochar market based on technology, application, and region:
Biochar Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018–2030)
Pyrolysis
Gasification
Others

Biochar Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018–2030)
Agriculture
Animal Farming
Industrial Uses
Other Applications

Biochar Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Sweden
Denmark
Asia Pacific
China
India
Japan
Australia
Malaysia
Central & South America
Middle East & Africa

List of Key Players in Biochar Market
Biochar Products, Inc.
Biochar Supreme, LLC
ArSta Eco
Carbon Gold Ltd
Airex Energy Inc.
Pacific Biochar Benefit Corporation